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Mortgage News for Wednesday - March 10, 2004

More Mortgage News
• ARM an alternative to fixed-rate mortgage
• U.S. mortgage refinancings climb
• January's snow blamed for decrease in home sales
• Consumers take chance with adjustable-rate mortgages
• Mortgage Endowment providers are target for MPs' ire
• Federal Home Loan Banks look for higher returns-study
• Low Rates Provide Boost to Mortgage Player
• Ex-deputy PM vows “normal” mortgage
• Mortgage lending rise boosts Widows Bank profits
• Study downplays housing shortage
• Get a Mortgage Before a Home
• Mortgage rates go back to last summer's lows
• Buy-to-let hits first-time buyers
• Co-op Bank gets assistance from its mortgages
• Racial disparity in mortgage lending
• Mortgage Interest Rates Drop Again to 45-Year Lows, Surprising Forecasters
• Mortgage Giant Fannie Mae, Financial Times clash over derivatives
• Free Opportunity in Mortgage Acceleration Industry
• Mortgage Industry Veterans Unveil Pipeline Risk Management Company
• Four brokers penalized by mortgage commissioner
• February home sales climb 21% over 2003
• Two-thirds of Canadians believe they will own their dream home
Mortgage News
Mortgage Industry Veterans Unveil Pipeline Risk Management Company - 2004-03-10
Mortgage industry veterans Rob Kessel, Marc Felisky, Lindsay Hill and Glen Brown unveiled today the formation of Compass Analytics, LLC (Compass).

In addition to providing outsourced hedge management services, Compass will also license its market-leading pipeline risk management analytics. Compass also announced today the addition of its twelfth pipeline risk management client.
Read the full story at eMediaWire
 
Four brokers penalized by mortgage commissioner - 2004-03-10
The new mortgage lending commissioner on Tuesday unveiled administrative action against four mortgage brokers.

Commissioner Scott Bice issued a cease-and-desist order to Carteret for employing unregistered mortgage agent Bart Gabe. He operated from a location other than the licensed broker location, according to the Mortgage Lending Division.
Read the full story at Las Vegas Review Journal
 






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